16114 Property Tax Rate

Property owners in ZIP code 16114 (Clarks Mills, Pennsylvania) pay a median of $1,560/year in property taxes on homes valued at $169,200. This translates to an effective tax rate of 0.92%, which is 31% below the Pennsylvania state average of 1.34%.

The monthly property tax burden for a median-valued home in 16114 is approximately $130, which factors into escrow payments on mortgages. This ZIP code is located within Mercer County. This is $1,244 less than the Pennsylvania average of $2,804/year.

Compared to similar ZIP codes in Pennsylvania, 16114 has higher property taxes. ZIP codes with similar effective rates include 17267 (0.92%) and 16025 (0.92%).

In Clarks Mills, property taxes represent approximately 2.4% of the median household income of $63,750, providing context for the relative tax burden on homeowners in this area.

Pennsylvania has no statewide property tax cap; Mercer County Assessor conducts local assessments, and reassessment can raise your tax bill substantially at any time. Seniors (65+), widows/widowers, and disabled persons earning ≤$35,000 should apply for Pennsylvania's Property Tax/Rent Rebate Program through the Department of Revenue — eligible residents receive annual rebates of $250–$1,000+. Within 30 days of purchase, file with the Mercer County Assessor to confirm your assessed value and apply for homestead exclusions available through your school district.